Best Residual Income Business Model- Earn Residual Incomes -

What is the best residual income business model that can give you the opportunity to leverage your time and efforts, and earn residual incomes from multiple residual income streams?

WHY DO WE NEED MULTIPLE STREAMS OF INCOME

Today many of us find we often have expenses equal to and sometimes more than our income. We often have unexpected expenses that break the family budget like car repairs, home repairs, or an unexpected illness, or a new addition to the family.

Too often we struggled just to make ends meet. Many of us live with this struggle every day, month after month and year after year. It sometimes may seem that we can never get a break. If we could just get the bills paid for this month, and maybe even save a few extra dollars towards the kids college fund, we survived another month.

So what can we do? If we work by the hour, we are paid by trading our time for money. Should we work more hours and have less family time? If we are working 8-12 hours a day and still struggling to pay our bills, we need something to change. If we only get paid for the hours that we work, what would happen to our income if we were seriously injured, ill, downsized, or laid off? When the income stops, do the bills stop? That is the life of trading our time for money.

What happens to our home if we cannot pay the mortgage…for three…or four months? In times like these, it would be very hard to catch up.

What would
happen to all the years of struggle and sacrifice so that we have an
investment there for our future? If the bank takes our home, will they
reimburse us for all that we have put into it? No, we lose it all. What if
we were unable to make our car payments? We would lose the car and all that we
had invested. We may not live above our means. But, all that could change if we
could no longer work.

We buy life
insurance, health insurance, homeowners insurance, car insurance and more, to
insure against some unforeseen disaster. Who insures our financial stability
against an unforeseen disruption of the income that pays those bills? Our financial health is at risk. It is in our best
interest to be prepared for any unfortunate unforeseen financial challenge.

Other than
winning the lotto, what are our chances of, “striking it rich”? The reality is;
we may never get rich by being an hourly wage earner, alone.

We need a
way to earn income that does not stop when we punch the time clock to go
home.

We need a way that our efforts will keep producing long after we stop
working.

We need to have a simple business model where we can earn residual incomes that
will keep growing when we are on vacation, asleep or retired.

Many people
create wealth by leveraging their time. Song writers, for example, compose a song one
time and earn residual incomes later whenever the song gets played. Actors are also examples
of people leveraging their time. They did the work one time and keep getting
paid for that work long after they stopped working on it.

THE BEST RESIDUAL INCOME BUSINESS MODEL

Creating your own money making website is the best residual income business model today. It allows you to leverage your time and efforts and earn residual incomes from multiple residual income streams long after you have stopped working.

By creating your own money making website, you virtually have unlimited boundaries on when, where and how you build your business. With your own website you can make money from home, at the beach, at the park or at your local coffee shop.

If creating your own money making website where you can earn residual incomes from multiple residual income ideas and supplement your family income interests you, we recommend Solo Build It! (AKA SBI!)

We create who we are in this life through a progression of decisions. We created the person that we are today from the decisions that we made in the past. We are creating the person that we will be tomorrow by the decisions that we make today. (Marvin L. Nelson)